charge for time?

[Dean May]

Actually, Terry, that does not reimburse you for those costs. You still pay
them. Claiming them as a deduction does not pay the cost, it only means the
government will steal slightly less from you, around 30% of your actual
depreciation/fuel/maintenance costs, or whatever tax bracket you are in. 

The customer should pay the cost which then shows up in your gross income
stream. Claiming the deduction rightly removes it from your gross income
since it is an expense, not profit. But claiming the deduction by itself
does not pay the actual costs. 

Dean

Dean May             cell 812.239.3359 

PianoRebuilders.com   812.235.5272 

Terre Haute IN  47802

-----Original Message-----
From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Farrell
Sent: Tuesday, May 08, 2007 11:05 PM
To: Pianotech List
Subject: Re: charge for time?

No, I don't think so. I file my business mileage on my tax return, which 
presumably would cover depreciation/fuel/maintenance costs (keeping in mind 
my vehicle is also used for personal outings).

Terry Farrell

----- Original Message ----- 
From: "Don" <pianotuna at accesscomm.ca>
> If you only charge your hourly fee you are *out* your
> depreciation/fuel/maintenance costs. But I applaud you at least charging
> your hourly rates.
>
> At 03:08 PM 5/8/2007 -0400, you wrote:
>>   I think I'm with you Jim - don't have a  super-computer to check you
>>math ;-). When I agree to travel outside my normal  area or to make a
>>special trip within my area (other side of the county when I  don't have
>>any other tunings there on that day, etc.), I don't bother with  miles, I
>>charge my hourly fee for my travel time. Period.   Keeps things simple.
>>Terry Farrell